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GC Powerlist: France

This year has been a testing time for France both politically and economically. With the country remaining in a state of emergency after the series of terrorist atrocities, which have plagued the nation for the past two years, in addition to a dwindling economy with stagnant growth, political capital is at an all-time low. That’s far from an enviable position for a government struggling to reform and in dire need of finding ways to stimulate the domestic economy and tackle unemployment. Continue reading “GC Powerlist: France”

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The conflict between a corporation’s global standards and national law

A fundamental principle for multi-national companies is compliance with the law of all nations where they do business. But a recurrent dilemma is what to do when a corporation’s global ethical standards (‘oppose censorship’ for a global media company) collides with national law (China’s extensive state censorship). As companies globalize and nations regulate ever more, this vexatious problem is not esoteric, but recurring. Most companies make voluntary decisions to adopt ethical standards beyond what formal legal and financial rules mandate. A decision that a company’s global ethical standards conflict with national law raises a range of options: obey the law; be civilly disobedient (a very uncomfortable, often untenable, position for global companies dedicated to rule of law); try to change the law; or stop doing business in that nation. Continue reading “The conflict between a corporation’s global standards and national law”

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Tracking change for in-house legal departments

‘Corporate law departments are under enormous pressure to change. The business has higher expectations than it once did, and law departments must manage more and riskier legal and compliance work,’ explains Jason Heinrich, partner at Bain & Company’s Chicago office and a leader in both performance improvement and legal and compliance operations.

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GC Diversity and Inclusion Report UK Launch

The launch of GC Magazine’s first special report publication, focused on diversity and inclusion in the UK in-house community, drew an impressive roster of attendees. The report is part of a range of initiatives undertaken by GC Magazine and The Legal 500 in regards to diversity and inclusion in the legal community globally. The UK report will be followed by a US-focused report and a Europe-focused one, as well as multiple events. The reports and the events will have a dual focus on the strategic rationales for diversity and inclusion in business and law, and the practical steps needed to successfully implement initiatives – essentially both a top-down and bottom-up approach. Continue reading “GC Diversity and Inclusion Report UK Launch”